HEX Reaches Self Reported Market Capitalization of $1.06 Billion (HEX)

HEX (HEX) traded 10.5% lower against the US dollar during the 24-hour period ending at 11:00 AM E.T. on October 31st. HEX has a market cap of $1.06 billion and approximately $140,021.34 worth of HEX was traded on exchanges in the last day. In the last week, HEX has traded 6.4% lower against the US dollar. One HEX token can now be bought for $0.0019 or 0.00000003 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 2.1% against the dollar and now trades at $70,845.25 or 1.00250506 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.1% against the dollar and now trades at $70,767.03 or 1.00139823 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

HEX Token Profile

HEX was first traded on December 2nd, 2019. HEX’s total supply is 633,542,658,973 tokens and its circulating supply is 572,170,573,415 tokens. HEX’s official website is hex.com. HEX’s official Twitter account is @hexcrypto and its Facebook page is accessible here. The Reddit community for HEX is https://reddit.com/r/hexcrypto and the currency’s Github account can be viewed here.

According to CryptoCompare, “## What is HEX?

HEX is a cryptocurrency that was launched in December 2019. It is based on the Ethereum blockchain and uses a proof-of-stake consensus algorithm. HEX is designed to be a high-interest blockchain-based savings account, where users can earn interest by staking their HEX tokens for a set period of time. It has a fixed supply of 687,540,000 HEX tokens, which were distributed through a “free claim” process for Bitcoin holders and through direct purchase on cryptocurrency exchanges.

## Who created HEX?

HEX was created by Richard Heart, a well-known figure in the cryptocurrency community. Heart is a serial entrepreneur, author, and self-proclaimed “Bitcoin maximalist” who has been involved in the cryptocurrency industry since its early days.

## What is it used for?

HEX is primarily used as a high-yield savings account where users can earn interest on their holdings by staking their tokens for a set period of time. The longer a user stakes their tokens, the higher the interest rate they can earn. HEX is also traded on various cryptocurrency exchanges, where users can buy and sell the token for other cryptocurrencies or fiat currencies. However, it’s important to note that investing in HEX or any other cryptocurrency carries significant risks, and users should always conduct their own research and due diligence before investing.”

HEX Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as HEX directly using US dollars. Investors seeking to trade HEX should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy HEX using one of the exchanges listed above.

HEX/USD price chart by TradingView